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Currently more than before, we can say that Bitcoin has gained some kind of acceptance, even if not from every government. On the topic of investment in Bitcoin, some investors have ignored the government in their countries and their opinions on Bitcoin and have gone ahead to keep investing in Bitcoin even though the government has strict rules concerning it. For these persons,
as long as the penalty is not death, they do not mind risking it.
If you are in a country that has strict rules concerning Bitcoin, rules that you know you cannot deal with, it is still okay to seek relocation if you have the means to do so. Move to a country with better or more friendly rules.
But it would be better for us to avoid it and obey the rules or maintain privacy. Because even though it's not a death sentence, if the authorities arrest us for breaking the law, our assets will also be there as evidence. Isn't that a loss for us?
Most countries prohibit Bitcoin as a means of transaction but allow it only for investment assets. This is perfectly reasonable, as it violates national laws, as each country has its own fiat. However, some countries prohibit everything related to cryptocurrencies, even for investment. But in this situation, it's better to maintain privacy when investing in Bitcoin to avoid punishment. The point is, don't get caught breaking the law, because if you do, your assets will be seized by the state which is certainly more painful even if it's not a death sentence.